2 Duplexes - Absolutely Turnkey Properties

Multi-Family for Sale
Catylist Listing ID: 30722319
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 3,540 SF
Gross Land Area: 0.65 Acres
Sale Price: $520,000
Unit Price: $130,000 Per Unit
Property Use Type: Investment
Building Name: 2 Duplexes - Absolutely Turnkey Property!
Sale Terms: Cash to Seller
Cap Rate: 7.98%
Last Updated: 4/9/2021

Overview / Comments

2 Awesome Duplexes for sale, 4 units total! Absolutely Turnkey! Nicely finished duplexes in Tallahassee! Rents are high with room to grow! With a first year 12% Cash on Cash return and an overall 20% IRR.​ This investment is a winner! Each
Addresses: 4814 / 4816 and 4824 / 4828 Leah Lane

Duplex can also be sold individually as well for $260k.​

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 210585 AA0190
Zoning: RESIDENTIAL 3
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1997
Parking Description: Surface parking, total 6 spaces for both duplexes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,826 24,401 76,440
Median Age: 37.43 32.99 31.5
Households: 1,874 9,826 32,411
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